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"Confidence has fallen off a cliff".
Consumer confidence has fallen to record lows.
German business confidence has fallen to its lowest for five years.
Business confidence has fallen sharply in the past two months, according to the Ifo Institute in Munich.
Business confidence has fallen sharply across the euro zone, according to a monthly European Commission survey published on July 30th.
Consumer confidence has fallen to its lowest level since Fundação Getulio Vargas, a business school, began tracking it in 2005.
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Measures of business and consumer confidence have fallen markedly.
Claims that spending cuts would actually boost employment by promoting confidence have fallen apart.
The University of Michigan said last week that consumer confidence had fallen to its lowest point in two years.
Last week the closely watched GfK NOP consumer confidence survey showed confidence had fallen for the fifth month running.
On April 26th the Confederation of British Industry reported that manufacturers' confidence had fallen for the first time in a year.
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